In early March 2015, National Property Consulting Group’s long-time client, Cabot Properties, needed due diligence services for a large industrial portfolio they were considering refinancing along with several additional properties they were considering purchasing. The portfolio was composed of 22 warehouse buildings representing nearly three-million rentable square feet -2,972,334-sf to be exact – located throughout the United States.
Three Million Square Feet in Three Weeks
– NPC quickly dispatched a team of engineers and architects to the 13 cities in 9 states where the 22 warehouse buildings were located.
– All site visits, review of all relevant data, cost tables, and reports were completed within three weeks from authorization.
– NPC performed a comprehensive review of thousands of construction drawings, inspections, and engineering reports, surveys, CapEx plans, and other relevant documents.
– All assessments and findings were documented in 22 reports representing nearly 1,100 pages. Over 2,200 pictures were taken during the site visits to document the current condition of the warehouses as well support NPC’s recommendations.
The project was led and coordinated by NPC’s Principal, Ben Bartel, PE, who also conducted some of the field assessments and reviewed all of the reports. Ben ws assisted by a five-person team including NPC’s Pete Madson, Michael Waelder, Femi Oyelese, Ralph Stephenson, and Michael Lindemann.
National Property Consulting (NPC) is building assessment and advisory firm that specializes in performing Property Condition Assessments and Energy Consulting focusing on the hospitality, industrial, and multi-family housing industries.
For more information about National Property Consulting Group, please visit www.npcg.net or contact:
Pete Madson, PE
email@example.com | 513.478.6569
Ben Bartel, PE, LEED AP
firstname.lastname@example.org | 847.421.6120